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Listed by Julio Bonilla • Keller Williams Pacific Estates
$1,399,000
Est. payment /mo
4,589 Sqft Lot
Active
2415 E 7th ST Long Beach, CA 90804
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25162596
Year Built 1923
Lot Size 4,589 Sqft
Source California Regional MLS
Property Description
6% cap rate! Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unit apartment building offers the ultimate in location and income potential, with the beach minutes away - perfect for enjoying sun, surf, and seaside strolls. The property boasts a desirable unit configuration, including a charming front 2-bedroom, 2-bathroom house complete with a 2-car garage and two extra parking spots. Ideal setup for owner occupant seeking cashflow. The rear structure houses four well-appointed units, consisting of studios and one bedrooms, designed for broad appeal in Long Beach's thriving rental market. Property is well maintained with multiple upgrades and remodeling throughout. Added income is generated from the convenient on-site laundry room. Beyond its proximity to the Pacific Ocean, this address provides effortless access to an array of amenities. Residents will appreciate the short distance to California State University, Long Beach (CSULB), as well as the eclectic mix of restaurants, boutiques, and entertainment found along the renowned 4th Street corridor. Embrace the quintessential Long Beach lifestyle in this exce
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Heating Wall Furnace
Laundry In Laundry Room
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7262020012
Special Listing Condition Not Applicable
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